According to data provided by the RF Federal Customs Services, Russia’s exports of sawn goods were down -9.8% year-on-year for the period of January – May 2020.
The National Association of Home Builders (NAHB) latest Housing Trend Report (HTR) reveals that overall buyers anticipate that it might be slightly easier to find and buy a home in the second half of 2020.
The U.S. Department of Labor is reporting that an additional 1.416 million Americans made their initial filing for unemployment benefits during the week ending on Saturday, July 18th.
Deadline for all antidumping (AD) and countervailing duty (CVD) administrative reviews pushed back 60 days, which will delay the anticipated duty adjustments on Canadian softwood lumber entering the U.S.
The British Columbia forest industry was deteriorating prior to the COVID-19 pandemic. Since mid-2019, B.C. has experienced a disproportionately high number of sawmill closures and curtailments compared with other states and provinces.
The National Association of Realtors® (NAR) is reporting that total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 20.7% from May to a seasonally adjusted annual rate of 4.72 million in June.
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices decline in May by -0.3% from the previous month. Year-over-year, house prices are 4.9% higher, (May 2019 to May 2020).
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 17th July 2020, the Market Composite Index, a measure of mortgage loan application volume, increased 4.1% on a seasonally adjusted basis from one week earlier.
The Mortgage Bankers Association’s (MBA) Forbearance and Call Volume Survey for July 20th, reports that the total number of loans now in forbearance decreased by 38-basis points from 8.18% of servicers’ portfolio volume in the prior week to 7.80% as of July 12th, 2020.
In a press release, The Great Plains MDF Production Inc., officially announced that they intended to make Stettler Alberta the home of their new $ 750 million straw fiber Medium Density Fiberboard (MDF) plant.